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THE TRUTH ABOUT: 5 - Caught on Camera

The AI Gold Rush Has a Hidden Cost. IBM’s Preliminary Results May Have Just Exposed It.

IBM's weak preliminary earnings may signal a broader shift as AI infrastructure spending crowds out other enterprise technology investments. Investors should watch whether other tech companies report similar pressure.

Barchart

IBM Just Lost $68B in a Day: What Triggered Its Worst Stock Crash Since 1968

The reasons behind IBM's 25% stock plunge, the impact on UK savers, and how AI hardware shifts are reshaping market value. Learn which bank downgraded IBM and what it means for your investments.

International Business Times UK

'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeout

IBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 billion in market value. The selloff was triggered by weaker-than-expected preliminary Q2 results and concerns that customers are shifting spending from IBM's traditional businesses to AI infrastructure.

The Economic Times

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Stock Market Today: Dow, S&P 500, Nasdaq 100 Futures Gain as Trump Vows 'Very Hard' Hits on Iran— Pentair, ASML Holding, Intel in Focus (UPDATED)

(Editor’s note: The ETFs and economic data have been updated.)

Benzinga

IBM Stock Crash Wipes Out $65 Billion in a Day, Worst Since 1987 as AI Rewires Tech Spending

IBM shares crashed 25% on Tuesday, erasing over $65 billion in the stock's worst day on record, as customers shifted spending from software to AI servers and memory chips.

International Business Times UK

Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensions

South Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data and Wall Street gains boosted risk appetite. Optimism over AI memory demand also lifted semiconductor stocks, with Samsung Electronics rising 8%, SK Hynix gaining over 13%, Hanmi Semiconductor soaring 25%,…

The Economic Times

TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's why

Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up…

The Economic Times

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You can’t spell chai latte without AI. That will hurt India

The AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata Consultancy Services Ltd., the biggest among them, reported 0.4% growth in revenue over the previous three months after stripping out currency fluctuations, the slowest expansion in a year.

The Economic Times

IBM, CrowdStrike, SK Hynix, AEHR Test Systems and Lucid: Why These 5 Stocks Are on Investors' Radars Today

Major U.S. indices closed higher on Tuesday, with the Dow Jones Industrial Average edging up 0.02% to 52,508.27. The S&P 500 gained 0.38% to finish at 7,543.59, while the Nasdaq advanced 0.9% to 26,107.01.

Benzinga

Stocks Rise on Hot Earnings, Cool Inflation: Stock Market Today

Second-quarter earnings and June consumer inflation data offset continuing uncertainty about the Strait of Hormuz.

Kiplinger

IBM Says AI Spending Isn't Crowding Out Cybersecurity. These ETFs Are Gaining Momentum

The artificial intelligence trade may be broadening beyond chips and servers, with cybersecurity emerging as one of the biggest secondary beneficiaries. A sharp rally in cybersecurity stocks on Tuesday suggested investors increasingly view security spending as a necessary companion to AI adoption rather than a competing budget item. Cybersecurity ETFs…

Benzinga

HSBC Cuts IBM Rating to Reduce Amid 22% Stock Plunge, Warning Investors of Further Downside Ahead

HSBC downgrades IBM following a 22% stock plunge due to missed Q2 earnings. The selloff impacts the tech sector, highlighting IBM's structural vulnerabilities and market ripple effects.

International Business Times UK

US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while JPMorgan and Goldman Sachs advanced on robust results. IBM fell on weak revenue guidance, and markets scaled back expectations of a near-term Federal Reserve…

The Economic Times

IBM Stock’s 25% Plunge Just Proved the Market Is Incredibly Dangerous. How to Protect Yourself and Still Profit.

International Business Machines just proved that the stock market is dangerous, and investors need a very specific type of strategy to play it.

Barchart

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Barchart

IBM Stock Crashes as International Business Machines Releases Disappointing Preliminary Q2 Results

IBM shares crash on disappointing preliminary Q2 results. Here’s why you should avoid buying the dip in IBM stock.

The Economic Times

Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AI

IBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients prioritized AI infrastructure, securing supply-constrained hardware in June. He also atrributed the shortfall to execution lapses and a mainframe business setback.

The Guardian - US

IBM loses quarter of its value as tech giant’s shares plunge and profits falter

IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. Sensex and Nifty declined up to 0.7%, while analysts said geopolitical risks overshadowed earnings optimism despite technical support remaining intact.

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PC Gamer

'Worse than our expectations': IBM's shares drop 25% after CEO says it hasn't adapted quickly enough to AI industry changes

That's a steep drop.

The Economic Times

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from software to AI infrastructure. The warning heightened concerns over discretionary technology budgets, deal delays and growth prospects for Indian IT companies.

The Economic Times

IBM warns AI boom is squeezing software budgets, triggers sector rout

Software investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to the industry. Tuesday's announcement showed that even the boom in spending on servers, chips and networking gear for AI was eating into software budgets.

The Economic Times

IBM stock tumbles 25% as preliminary quarterly results fall below expectations

IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit and revenue estimates. Management attributed the shortfall to delayed deal closures and shifting client spending toward hardware ahead of price hikes, while cybersecurity concerns further weighed on performance during the quarter.

International Business Times

IBM's Second-Quarter Results Fell Short Of Expectations. Its Shares Are Plummeting

International Business Machines' shares plummeted on Tuesday after the company's preliminary second-quarter results fell short of expectations.

Benzinga

IBM Spooks Investors With Sub-Optimal Outlook

International Business Machines Corp. (NYSE:IBM) on Tuesday released preliminary second-quarter results that fell short of its expectations, citing weaker-than-anticipated mainframe-related sales as customers shifted spending toward supply-constrained servers, storage, and memory infrastructure.

TechRadar

Quote of the day by Steve Jobs: 'The only problem with Microsoft is they just have no taste' — a potshot at a bitter rival

Apple and Microsoft's rivalry stretches back decades, with the Apple co-founder repeatedly undermining Bill Gates' company

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